Ofcom should regulate Netflix, says Rishi Sunak after Harry-Meghan row December 19, 2022 Rishi Sunak has proposed a change in law that would bring online streaming services like Netflix under Ofcom regulations. The Media Bill announced by the Boris Johnson government in May 2022 first suggested giving Ofcom regulation over streaming companies based overseas. Sunak has affirmed that there will be no change in this agenda. Currently, viewers [...]
Music Licensing Inc announces plans to list on NASDAQ December 19, 2022 Music Licensing Inc, a leading music and performance rights licensing company has announced plans to list on NASDAQ. The company has filed necessary paperwork with the Financial Industry Regulatory Authority (FINRA) to confirm its eligibility. In June 2022, Pro Music Rights, Music Licensing Inc’s main holding, was valued at nearly £350 m. In regards to [...]
Liberty Global’s Andrea Salvato may be new Vodafone Chief December 19, 2022 Andrea Salvato is a contender for the top job at Vodafone according to latest reports from London’s telecom sources. Nick Read, Vodafone’s current CEO will step down at the end of the year after a financially turbulent quarter for the telecommunication giant. Beginning of December, the company had seen a 44 per cent decline in [...]
Defence giant BAE Systems to nearly double apprentice hiring spree next year December 19, 2022 BAE Systems, one of the UK’s biggest defence companies, is set to nearly double its hiring spree next year. The FTSE defence firm is planning to hire more than 2,600 graduates and apprentices next year, across cybersecurity, software development, aerospace engineering, accountancy and human resources. Although BAE typically invests around £100m annually in education, skills [...]
Musk should step down, says Twitter poll December 19, 2022 On Sunday, Elon Musk asked Twitter users if he should step down as CEO. The polls closed with per cent users voting yes. 17,502,391 people responded to the poll. Billionaire Elon Musk became the owner of Twitter following a $44b (£36b) deal and a court case forcing him to go forward with the purchase. Since [...]
Break the internet: Google reveals World Cup final set new records for search traffic December 19, 2022 Argentina’s thrilling World Cup final triumph over France set a new record for the number of Google searches, says the tech giant. The South Americans won the trophy for the third time on Sunday afternoon in a thrilling match that saw Lionel Messi finally become world champion at the age of 35. Sundar Pichai, chief [...]
Musk should quit as Twitter head according to poll he ‘will abide by’ December 19, 2022 Elon Musk may quit as the head of Twitter after running a poll which he said he “will abide by”, with 57 per cent saying, go. The Tesla boss’ straw poll has already had more than 15m votes online, with almost 60 per cent pf people saying he should quit. He took to Twitter on [...]
UK appoints five new innovation experts to drive post-Brexit technology boom December 18, 2022 The UK government has appointed five, industry leading experts to make use of post-Brexit freedoms by driving innovation in cutting edge sectors that will be vital to Britain’s future growth. The five new experts will work with the government’s chief scientific advisor, Sir Patrick Vallance, to review existing rules and develop a pro-innovation, regulatory approach. [...]
Toshiba’s prospective buyer mulls reducing £13bn bid after weak earnings December 18, 2022 The prospective buyer of Toshiba is reportedly mulling the decision to lower its bid for the Japanese tech giant. Japan Industrial Partners (JIP) secured 2.2 trillion yen (£13.23bn) for Toshiba from four Japanese banks on Friday. However, local business newspaper Nikkei reported yesterday that Toshiba’s weaker than expected earnings may knock some value off the [...]
MoD awards Lockheed Martin with £129m 10-year drone contract December 16, 2022 The Ministry of Defence has awarded aerospace giant Lockheed Martin with a £129m contract to provide drones to the UK’s army. As part of the ten-year deal, the group will provide more than 250 drones with high-resolution imaging that can identify targets far from the operator. Lockheed Martin’s technology is already being used by the [...]